Question: Activity: Compute a Simple Exponential Smoothing ( SES ) forecast. This forecasting approach is a time series forecasting method for univariate data, which assumes no

Activity: Compute a Simple Exponential Smoothing

(

SES

)

forecast. This forecasting approach is a time series forecasting method for univariate data, which assumes no trend or seasonalities. SES requires a single parameter, called alpha

(

),

also called the smoothing factor or smoothing. Alpha is provided below.

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